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Post by orlon on Mar 6, 2017 10:29:57 GMT -5
We had/have a phrase for this in Boston....Wicked Pissa!
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Post by techorfund on Mar 6, 2017 11:08:10 GMT -5
At this rate we will be under a dollar by the end of the week. EPIC disaster!
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Post by gamblerjag on Mar 6, 2017 11:19:50 GMT -5
it will hold.. each day will be less and less with some up days in between.
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Post by madog365 on Mar 6, 2017 11:29:28 GMT -5
It pains me to admit that this R/S was a gigantic failure by Matt and the Board. They should have known that the short pressure would only increase and have done a 1:10. Coupled with the fact that they have remained silent with the company under tremendous attack it really is a frustrating time.
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Post by Deleted on Mar 6, 2017 11:40:13 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12%
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Post by dreamboatcruise on Mar 6, 2017 11:41:31 GMT -5
One of our members here was confident today was going to be the start of a sustained turn around in share price. We've got a long way to go before market close today for that to happen. I sure wish the rose glasses crowd could be right and me wrong sometime.
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Post by madog365 on Mar 6, 2017 11:46:39 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% Hope you're right and it prevents them from being delisted. Personally i don't think we'd be down this much at the 1:10 level. |
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Post by saxcmann on Mar 6, 2017 11:56:11 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% It will be a failure if we go under $1 in 10 days from split, no? |
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Post by Deleted on Mar 6, 2017 11:56:43 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% Hope you're right and it prevents them from being delisted. Personally i don't think we'd be down this much at the 1:10 level. I get the thought process but its all relative to the share count. |
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Post by sportsrancho on Mar 6, 2017 12:35:57 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% This is what happens with a RS. And you're right it hasn't failed yet. I don't think it will go below 1.30 |
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Post by Deleted on Mar 6, 2017 12:37:03 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% It will be a failure if we go under $1 in 10 days from split, no? I didn't even think about that until someone mentioned it in another thread. Yes if that occurs, the rs would be a huge failure but how can you blame management for the sell off at that point |
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Post by Deleted on Mar 6, 2017 12:40:15 GMT -5
Its not a failure. It did what it was supposed to do and prevent them from being delisted. If it was a 1:10 the stock would be down 24% vs 12% This is what happens with a RS. And you're right it hasn't failed yet. I don't think it will go below 1.30 So do you question why Nate would add to both his positions pre r/s  ?  |
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Post by madog365 on Mar 6, 2017 12:43:55 GMT -5
It will be a failure if we go under $1 in 10 days from split, no? I didn't even think about that until someone mentioned it in another thread. Yes if that occurs, the rs would be a huge failure but how can you blame management for the sell off at that point Again, the 1:10 option was on the table and it's tough to say either way whether the result would have been the same. The real failure is saying this is coming from a position of strength then staying completely silent while the stock takes this coordinated beating. Where is the strength? i would love to hear something out of the company... |
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Post by cjm18 on Mar 6, 2017 12:44:51 GMT -5
This is what happens with a RS. And you're right it hasn't failed yet. I don't think it will go below 1.30 So do you question why Nate would add to both his positions pre r/s ? He expected extension. |
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Post by sportsrancho on Mar 6, 2017 12:46:28 GMT -5
This is what happens with a RS. And you're right it hasn't failed yet. I don't think it will go below 1.30 So do you question why Nate would add to both his positions pre r/s ? Yes I did:-) I found it strange. The RS was the only thing we haven't agreed on. Are you going to trade this? Where would you buy? |
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